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20130224
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Search Results 0 to 11 of about 12
PBS
Feb 20, 2013 6:30pm PST
top stories at this hour -- >> the spanish prime minister says his economy is on the road to recovery. >> violent protests erupt against austerity in bulgaria, forcing the government to resign. >> and wide-board cameras are capturing more than usual in russia -- why dashboard cameras are capturing. it is tough times for spain battling its crippling economic crisis, and to make matters worse, many spanish politicians who are supposed to be leading the country out of the crisis are themselves the target of corruption allegations. >> even spain's prime minister has been implicated, but at his state of the nation address, he skirted the issue, instead playing up economic improvements and announcing a new tough line against corruption. >> it is his first state of the nation address, and it comes at a tough time -- his party is embroiled in a slush fund scandal. but he went on the attack, calling for cross-party support for anti-corruption drive. >> corruption is a problem that alarms the people and affects the image of spain. all corruption is unbearable. it is corrosive for civic spirit.
PBS
Feb 17, 2013 6:00pm PST
. captioned by the national captioning institute --www.ncicap.org-- >> the president says the economy is improving, but we have to do better. he says republicans don't have a clue, and that austerity is not the answer. he says it is time to educate our children and rebuild our infrastructure. the president's fourth state of the union. how do we pay the bill? >> nothing i am proposing tonight should increase our deficit by a single dime. >> the president offered more of the same -- higher taxes and more stimulus spending. >> the president wants congress to come up with $40 billion to improve infrastructure, wants to raise the minimum wage to $9 an hour, wants a new energy bill similar to cap-and-trade, wants preschool for every 4-year-old in the nation, tax reform, gun control, citizenship for undocumented immigrants. what are his chances, charles? >> approximately zero. he is talking as if we have a huge surplus so we can start spending all over again inaugural address was the philosophical statement of what i call this left-liberalism, the state of the union address is the programmat
PBS
Feb 22, 2013 6:30pm PST
the common currency. >> as economies weaken further in many eu nations, millions of people are expected to lose jobs at a time when there's already record unemployment in europe. >> the european commission' says signs of europe's economy is bottoming out. >> sons this year is that there will be zero growth in the european union. ben and the dismal picture is having a negative impact on government finances. many european countries are likely to have higher deficits this year than had been expected. that applies to france, the u.'s second-biggest economy. new borrowing is expected to be well over the target of 3% of gdp. the ecb says france must get its deficit down. >> i believe it is in france's interest to stick to the target of a balanced budget in the medium term. only if the budget is balanced is there any room for maneuver during an economic downturn. >> de e you expect france to see growth this year of just the 0.1%. like the eu as a whole, it is not expected to see growth above 1% until 2014. >> despite all the bad news from the eurozone, german businesses think the future is loo
PBS
Feb 20, 2013 7:00pm PST
to the economy prematurely. the fed policy board is expected to examine the effectiveness of its asset purchasing program more closely after its next meeting in march. housing construction is a key indicator of the health of u.s. economy. the number of permits for new construction rose for a third straight month. this suggested recovery in the housing market remains on track. department of commerce officials say housing starts last month came to 890,000 units. that's a decline of 8.5% from december. construction of condos and other multifamily tumbled 26%. the drop was enough to offset a rise. housing permits rose 1.8% from december. that's the highest level since june 2008 before the start of the global financial crisis. let's get a check on tokyo markets. first taking a look at stocks. market sentiment is damaged. the nikkei is trading at 11,423. sources say investors are selling export related issues to take profits after recent gains. moving onto currencies now. the fed minute that hint at scaling back monetary easing has led to dollar buying. the dollar against the yen is being quoted at 93.
PBS
Feb 19, 2013 6:30pm PST
in the british parliament as well. >> the outlook is brightening for europe's biggest economy. investor sentiment in germany has surged to a three-year high. >> the index is one of the most closely watched investor confidence surveys. it pulls germany's top 300 financial analysts and is being taken as another sign that the german economy could rebound quickly from a sharp slowdown at the end of last year. on today's market action. german blue chips rallied tuesday to lock in solid gains for the second day running. all correspondence sent us this summary of the trading session in frankfurt. >> for the first time in weeks, traders had a reason to be happy again. stronger than expected zew investor sentiment was even welcomed with applause. after the heavy growth decline in winter, the data indicate a strong comeback of the german economy, driving up the european markets, but the euro was lagging behind because currency traders are already worried ahead of the election, which will take place on sunday. there was high demand for cars shares despite the record low of overall european car sales in janu
PBS
Feb 21, 2013 7:00pm PST
. ai joins us from the business desk. >> major economies embark on similarly bold monetary easing measures just as japan. it works to weaken all of their currencies as well. as for japan a report from the international monetary fund dismisses worries that japan's monetary easing could lead to a global currency war. the concerns are overstated. the report states the recent move in the currency market is correcting the excessively strong yen. it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some national delegates voiced concerns about the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members general
PBS
Feb 15, 2013 6:30pm PST
circumstances with regards to the economy capital markets. the situation in the banking sector as a whole will remain difficult. >> shareholders will not be getting a dividend, but german taxpayers are seeing their investment pay off. commerzbank is handing over some 150 million euros in interest payments on the government bailout. >> as you might expect, results were a big topic on the markets in germany. despite those losses, shares made gains in frankfurt. >> shareholders now might really think that all bad stories that could have been told already have been. now it is time for recovery. this is why shares were up. investors were hoping that the bank will be able to earn money again, also because of the fact that the markets at the moment look more friendly. this makes it easier for banks to survive. the market in general today did not look too well after trying to get into positive territory. the dax went down, and traders said it was because of economic concerns, not only in germany and europe, but also in the u.s. >> we can take a quick look at the markets now. the dax lost 0.5% to
PBS
Feb 22, 2013 7:00pm PST
,000. >>> the european commission says the euro zone economy will contract for the second straight year in 2013. the commission says it expects gross domestic product to shrink 0.3% in the 17-nation euro zone from last year. that compares with the previous forecast of 0.1% growth. the commission said tight lending conditions, job cuts and sluggish investment are dragging the recovery. but it's projecting 1.4% growth for 2014. the commission says leading indicators suggest that the regi region's economy is bottoming out. and economic activity is expected to gradually pick up. >>> it may look like a wristwatch, but it's a computer. technology giant apple has filed a patent application for a computer that people can wear like a watch. the u.s. patent and trademark office disclosed apple's patent filing on thursday. the computer has a flexible touch panel display. sensors inside detect a change in the state of sub straights and automatically adjusts to user interface to a new position. the computer wirelessly connects to other devices like smart phones. media reports last week that apple is develop
PBS
Feb 15, 2013 7:00pm PST
the algerian economy, and there have helping the algerian people. they kept a presence in the country for more than 40 years, even during the civil war in the 1990s. the story has inspired other japanese to make a change. shingo works as a system engineer, he recently visited the japan cooperation agency. he has been looking for a chance to take part in development work overseas. >> the victims worked hard, and risked their lives. i do not understand why they were killed. i may not be able to do much, but i would like to contribute to international society as much as possible. >> he, and many others in japan, don't want the workers to have died for nothing. they want to honor them with their words and their actions. ntk world, tokyo. >>> the hostage crisis frustrated japanese officials as conflicting information trickled in. >>> prime minister abay says he wants to deal with emergencies better. >> translator: i want to create an environment where we can properly discuss diplomatic and national security issues on a daily basis from a strategic viewpoint that will enable us to deal with various
PBS
Feb 18, 2013 6:30pm PST
. draghi and others in focus of the economy recovering. the german recovery in a modest pace. >> the dax finished up by nearly .5%. eurostoxx 50 up just a bit. the euro trading slightly higher, $1.3350. venezuelan president hugo chavez has made a surprising return of from cuba where he had another surgery for cancer and treatment. but she had not been seen since undergoing a fourth operation last december. his supporters turned out in numbers to welcome him back home. >> celebration on the streets of caracas. they're coming out to show their joy of the president's return. >> welcome back to venezuela. >> we love you. there is an entire population and that will support new always. >> it to the speculation to rest, he released these pictures showing him with his daughters. he appears alert and in good spirits. they broadcast messages from members of the government will commingle leader back. he told them that the president was in good condition but would be continuing his cancer treatment. supporters gathered in front of the hospital where he is being treated. despite enthusiasm and his re
PBS
Feb 21, 2013 6:30pm PST
of modernization. for germany, it is more than technical innovation in the old economy. it is comprehensive, includes the rule of law. includes a critical civil society, includes freedom of expression, includes fighting against corruption, so the door is open. we offer to russia this kind of cooperation, and our partner is not exclusively the kremlin. it is the totality of the russian society. >> that was the german government's commissioner for russia. >> hospitals in germany run by the catholic church may now prescribed emergency contraception to rape victims. this change follows a shocking recent case in which two catholic hospitals refused to treat a rape victim. the new policy was announced at the regular spring meeting of the german bishops' conference. catholic hospitals now have the leeway to describe a type of morning after pill that impedes contraception. -- concepcion, rather. drugs that would abort or dislodge a fertilized egg to remain taboo. >> let's talk about the implications of this change. people in our religious affairs correspondent. how significant is this move by germa
PBS
Feb 17, 2013 6:30pm PST
, masterminds of the mortgage-backed securities that almost sank the world economy. cantor's also the third largest recipient of money from the national rifle association in the house, which is one reason he's such a "big gun" there. senator robert menendez, democrat of new jersey, may be in hot water. he's currently under investigation for allegations that he improperly intervened with government agencies on behalf of a big donor. and there's fred upton, republican from michigan, chairman of the house energy and commerce committee. what a coincidence. the oil and gas industry is one of his top donors, helping him raise the $4 million dollars he spent last year to win re-election. senator kirsten gillibrand and senator chuck schumer, democrats of new york, have wall street as a constituent and patron. her biggest contributors include jpmorgan chase, morgan stanley, goldman sachs, and law firms that have advised them. his top donors include securities and investment firms, lawyers and legal firms, and lobbyists. and there are fleeting glances of some familiar faces here tonight seen recently
Search Results 0 to 11 of about 12